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2 American Banks Have Failed Since Coronavirus Started Spreading in the US
6.4.2020
Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....
Coronavirus Encourages CBDC Developments: Deutsche Bank Strategist
6.4.2020
Deutsche Bank macro strategist Marion Laboure believes that the risk of cash spreading the coronavirus will probably result in a push for digital currencies
BRI Remittance Brings Digital Identity to Banking With Blockchain Partnership
4.4.2020
Blockchain-based digital identity solutions are in fashion — an Indonesian bank has become the latest to drive business growth and facilitate 24-hour remittances
R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security Tokens
3.4.2020
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens
Is Blockchain Necessary? An Unbiased Perspective
3.4.2020
Is blockchain tech an inevitable part of the future? What are the pros and cons for its implementation?
U.S. Crypto ATM Network Helps to Promote Social Distancing
1.4.2020
Bitcoin Depot, a sizable crypto ATM network, powers down several machines to decrease coronavirus spreading
After 14 Years in Investment Banking, I Joined the Crypto Industry
27.3.2020
If you want to change the traditional finance industry for a crypto startup world, here is what you should know
HSBC Puts $10B of Private Placements on R3’s Corda Blockchain
27.3.2020
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them
Cryptocurrency is a Failure as a Currency Says Brazil's Banking Chief
27.3.2020
Bitcoin isn’t even much good as a store of value says the President of the Brazilian Banking Federation
Crypto-Friendly Bank Revolut Launches in the US
25.3.2020
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future
Silvergate Bank Resolves Wire Transfer Issue That Kept Transactions in Limbo
24.3.2020
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane
Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...
Indian Government Engages RBI to Discuss Cryptocurrency Regulation
21.3.2020
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at...
1.2 Million Italians Can Now Buy Bitcoin From Their Bank
21.3.2020
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. With over a million Italians choosing to bank with Hype, and 60,000 new customers...
Canceled by Corona: A Developing List of Finance Practices Halted due to Pandemic
19.3.2020
A collection of government freezes and suspensions of usual crypto-relevant finance practices in response to Coronavirus
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Banking Shut Down Drives Crypto Adoption Among Venezuelans
19.3.2020
Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures
Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending
18.3.2020
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
18.3.2020
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This...